PartnerRe closes Aurigen life deal

PartnerRe has wrapped up its acquisition of North American life
reinsurer Aurigen Capital.
As previously reported, the Exor-owned Bermudian reinsurer
agreed to buy Aurigen, which has operations based in Canada and the
US, for $286mn in cash.
The transaction came after private equity owners Soros Fund
Management, Bregal Capital, Pine Brook Capital and EdgeStone
Capital Partners appointed Evercore to run a sales process of the
Bermuda-based company.
Aurigen has grown since its 2007 launch to be a